Search Results for: Macquarie
Singapore Returns Up to $9 Billion to Banks in Rate Probe
November 7th, 2014
Singapore’s central bank gave back as much as S$12 billion ($9.3 billion) that it took from 19 lenders last year as a penalty for trying to manipulate benchmark interest rates. The banks have taken steps to prevent a recurrence ...
Billionaire Banned From Markets Increases DLF Risk
October 27th, 2014
The risk of India’s biggest property developer reneging on its debt in the year has surged to a 2009 high after it was barred from capital markets by the regulator. The median probability of nonpayment by DLF Ltd. (DLFU) ...
China Factory Gauge Rises as Workers Weather Slowdown
October 23rd, 2014
A Chinese manufacturing gauge rose in October, adding to signs a resilient labor market and export demand are helping the world’s second-largest economy weather a housing market downturn. The preliminary Purchasing Managers’ Index from HSBC Holdings Plc and Markit ...
Asian Equities Mixed on Soft Lead
September 9th, 2014
Asian indices were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival. Overnight in the U.S., Wall Street closed mixed with energy producers leading losses on oil’s ...
Supreme Court’s coal block ruling may cause further economic impact
August 26th, 2014
A mass cancellation of coal blocks awarded since 1993 could cost India up to $3 billion in additional imports and hurt financial firms that have lent to the sector, broking firms said on Tuesday. Apex court ruled on Monday ...
Amazon snaps up live video startup Twitch for $970 million
August 26th, 2014
Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, reflecting Chief Executive Officer Jeff Bezos’ resolve to transform Amazon into an Internet destination beyond its core retail operations. The move, announced by the ...
China loosens monetary policy
August 11th, 2014
China loosened monetary conditions last quarter at the fastest pace in almost two years, a Bloomberg LP gauge showed, testing the waning effectiveness of credit in supporting economic growth. Bloomberg’s new China Monetary Conditions Index — a weighted average ...
Canada’s Dollar Touches 7-Week Low on Growth Concern
August 1st, 2014
Canada’s dollar touched the weakest level in almost two months as data showing the economy expanded in May failed to damp concern growth is lagging behind that of the U.S., its largest trading partner. The currency later erased losses ...
USD/CAD reached 1.0815 on Economic Concern
July 28th, 2014
The Canadian dollar sank to a five-week low before reports next week that are forecast to show the nation’s economy is lagging behind that of the U.S., its biggest trading partner. The currency fell for a second day against ...
Asian Stocks Snap 8-Day Winning Streak Led by Industrials
April 7th, 2014
Asian stocks fell for the first time in nine days, snapping the longest winning streak on the regional gauge this year, with telecommunication and technology shares leading declines. Naver Corp. slumped 6.3 percent in Seoul, SoftBank Corp. lost 4.5 ...
